This property might be a fair Long-Term investment with a projected 9.66% first-year return on $19,005 initial cash invested.
9.66%
Cash On Cash
9.41%
Cap Rate
1.44
DSCR
$1,299
Rent
$153
Cashflow
Cash Flow
$1,299 income − $1,146 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$90,500
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,005
Downpayment
20%
$18,100
Closing costs
1%
$905
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,299
Total Expenses
$1,146
Mortgage P&I
38%
$492
Property Taxes
18%
$232
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0